Strengthening management through stricter enforcement, advanced technology, and increased awareness of tax laws is essential to prevent fraud effectively and protect revenue.
Challenges in Managing Electronic Invoices in Vietnam
Public
Other countries
Author: Ema Stamenković
Category:
General information
Views:
1072
Content accuracy validation date:
08.01.2026
Content accuracy validation time:
08:09h
Current laws impose administrative or criminal penalties for illegal invoice trading/use, based on severity.
Decree No. 310/2025/ND-CP (amending Decree 125/2020/ND-CP), effective January 16, 2026, expands violation scope, clarifies subjects, and raises penalties for many acts, enhancing deterrence.
This reflects the State's commitment to strict control. However, post-violation penalties alone are insufficient; early detection/prevention is main via rigorous business registration checks, sector-specific risk management, and tax compliance history reviews.
The 2015 Penal Code (amended 2017) provides severe sanctions: fines, up to 7 years imprisonment, plus professional bans or operation suspensions, depending on violation scale.
Despite comprehensive regulations, illegal trading persists, often detected late after significant budget losses.
Authorities must tighten rules, boost enforcement, apply IT/big data, and cross-verify invoices, declarations, cash flows, and actual operations. Simultaneously, raise awareness and compliance with tax/invoice laws among businesses and individuals to prevent violations at the source.
Other news from Other countries
UAE E-Invoicing Compliance: Complete 2026 Guide
Public
Other countries
Author: Ema Stamenković
Other countries
Author: Ema Stamenković
The UAE is implementing mandatory e-invoicing by 2026-2027, following Ministerial Decisions No. 244 and No. 243 of 2025. Companies must be ready to receive electronic invoices, designate Accredited Service Providers (ASP), and use the PINT-AE format via the Peppol network, governed by a decentralized model. With a rollout scheduled for 2026 and 2027, the UAE is headed toward mandatory e-invoicing... Read more
New VAT Deemed Supplier Rules for Electronic Marketplaces in Saudi Arabia from Jan 2026
Public
Other countries
Author: Ema Stamenković
Other countries
Author: Ema Stamenković
The guidance outlines when VAT responsibility shifts to electronic marketplaces, impacting reporting and operations. Deemed supplier status applies to non-resident electronic services and resident non-registered suppliers. Obligations include VAT invoicing and returns. Key exceptions exist, but operational involvement influences VAT responsibilities, especially for food delivery and accommodation... Read more
South Africa Formalizes 2028 Target for Mandatory Peppol-Based E-Invoicing
Public
Other countries
Author: Ljubica Blagojević
Other countries
Author: Ljubica Blagojević
SARS is expected to announce its mandatory e-invoicing framework in 2026, with phased implementation leading to full operational capability by 2028 under its VAT modernization program and the 2025 Draft TALAB (Tax Administration Laws Amendment Bill). The model will define structured e-invoices, electronic VAT data reporting, and an interoperability framework using accredited service providers. Sou... Read more
UAE To Launch Mandatory National E-Invoicing System Starting 2026
Public
Other countries
Author: Ema Stamenković
Other countries
Author: Ema Stamenković
The UAE's transition to a national e-invoicing system shifts tax compliance to real-time reporting. Mandatory phases start in July 2026, requiring businesses to upgrade software, face penalties for non-compliance, and accommodate audits with full digital transaction access. The UAE is transitioning from paper and PDF invoices to a national digital e-invoicing system. This shift moves tax complianc... Read more
Vietnam: Revised Penalties for Invoice and Documentation Violations Under Decree 310
Public
Other countries
Author: Ema Stamenković
Other countries
Author: Ema Stamenković
Decree 310 establishes tiered penalties for invoice violations based on invoice count and type, including sales and non-sales cases. Penalties range from warnings to significant fines (500,000 - 50,000,000 VND; US$19 - US$2,282). It enforces stricter rules for invoice destruction and strengthens tax officer powers. A single penalty rule consolidates fines for repeated violations, prompting busines... Read more
10 Essential System Updates for VAT & E-Invoicing in Qatar
Public
Other countries
Author: Ema Stamenković
Other countries
Author: Ema Stamenković
VAT preparation in Qatar must evolve due to strengthening GCC tax frameworks and digital reporting, emphasizing e-invoicing. Businesses should conduct ten system changes: review accounting software for compliance, prepare structured digital invoices, create centralized storage, update master data, review the chart of accounts, strengthen internal controls, assess system integrations, train teams,... Read more
Chile Reminder: Deadline Approaching for Document Printing Issues: March 1, 2026
Public
Other countries
Author: Ema Stamenković
Other countries
Author: Ema Stamenković
The deadline to print required documents is March 1st, 2026. Resolution No. 12 mandates companies to provide printed electronic invoices and receipts, effective May 1st, 2025, alongside digital transmission options. The deadline for anyone who is unable to print the required documents due to a lack of equipment or an unconfigured system is March 1st, 2026. The resolution No.12 that was published o... Read more